Full text of "The financial life cycle"
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$1,000,000 $800,000 2) SP $600,000 B a $400,000 $200,000 24 The 24-year-old invested $2,000 per year for twelve years. She stopped adding money in, but her total still grew. By age 67, she had almost a million dollars! Her friend did not invest until she was 35. Even though she invested $2,000 every year, by the time she was 67 she still had not caught up with her wiser friend. She had less than $500,000. _ 30 35 40 45 50 Age 50 60 65 67